How can I get citizenship through investment in Grenada?
La Vida’s consultants will advise you on which programme will be best suited to your needs. Once you have decided on Grenada you can apply through La Vida. Our in-house team of experts will manage the full application for you from A to Z. The whole application can be processed remotely, no need to travel.
Do I have to live in Grenada to become a citizen?
No. Grenada’s Citizenship by Investment programme has no minimum stay requirement. Once you become a citizen of Grenada, you have the right to reside in the country for as long or little as you choose.
How much does it cost to become a Grenada Citizen?
There are currently two main investment routes in Grenada to choose from:
1. Citizenship by Donation – A non-refundable contribution to the Government’s National Transformation Fund (NTF) of $235,000 for families of up to four.
2. Citizenship by Real Estate Investment – $270,000 into a government-approved project, plus fees.
Additional government, professional and due diligence fees apply in all cases, for a personalised quotation, please contact us.
What documents are required to apply for Citizenship by Investment in Grenada?
A number of documents are required to apply for citizenship through investment in Grenada. The list may vary depending on your personal circumstances. La Vida’s in-house processing team will work closely with you and advise on exactly what will be required. Some of the most common documents required are:
- Passports and ID cards
- Birth certificates
- Marriage certificates
- Police Reports
- Proof of Address
- Proof of Funds / Bank Statements
- Employment records
- Education records
How long does it take to get Citizenship through investment in Grenada?
La Vida has extensive experience submitting CBI Applications to Grenada and other Caribbean countries. It allows us to quote our own actual figures based on a sizeable number of submissions for each program. Figures you see elsewhere on the web could be borrowed, generically quoted or amended to suit the message. We also caution against agents claiming quicker times. Everyone submits to the same processing unit and there is no favouritism. An agent influences the timeline based on their efficiency in processing prior to submission and ensuring the application is complete and accurate. And then further, in dealing efficiently and knowledgeably with any questions that come back from the CBI unit.
The latest timeline (taken as last two-year moving average) from submission to approval of citizenship for Grenada is 7.3 months. The fastest approval time we have experienced during that period was 3.5 months. Please bear in mind, as with all CBI programmes, once approved there is a further period of bank clearing, making the investment and issue of the citizenship certificate before the application and receipt of a passport. The average additional time for this for Grenada was a further 3.6 months.
Prior to submission, it typically takes applicants an average of 2-6 weeks to gather all the necessary documents to compile their file before submission. La Vida’s team will assist with all aspects of the process. Our market leading client portal offers complete security for documentation and efficient and transparent processing, enabling clients to update their documents at their own pace and track their progress. We feel this leads to the most stress free and efficient process in ensuring a complete and accurate file for submission.
One further point for Grenada is the backlog of CBI applications. This is already built into the figures above. But as we approach the end of 2024 the backlog is past its peak. We hope and expect processing times will come down rapidly from here.
What family members can I include in my Grenada citizenship by investment application?
The main applicant can include the following family members:
- Spouse
- Dependent Children up to the age of 30 years old who are fully supported by the main applicant
- Dependent Children of any age who are physically or mentally challenged and fully supported by the main applicant
- Dependent Parents of the main applicant or spouse who are above 55 years of age and fully supported by the main applicant
- Siblings of the main applicant/spouse above 18 years of age. Must be unmarried, childless.
Do I have to pay tax in Grenada?
You are not required to pay any income tax on your worldwide income in Grenada or capital gains tax. You are only required to pay tax on any income derived in Grenada.
Does Grenada allow dual Citizenship?
Grenada allow dual citizenship with all countries. It is worth checking with your current country if they also permit dual citizenship.
How many countries will a Grenada Passport give me visa-free access to?
Grenada passport holders benefit from visa-free access to 153 countries and territories worldwide according to La Vida’s Unique Passport Value Report for St Kitts. This represents over half of the world’s GDP and includes access to the EU Schengen zone, UK, Hong Kong, Singapore and more.
How long is a Grenada passport valid for?
Once you have been granted citizenship in Grenada, this is for life. However, your Grenada passport has a validity period of five years. All applicants will be required to renew their passports every five years. The renewal fees are minimal, currently under $100 per person.
Do I need to travel to Grenada to process my Citizenship application?
There is no requirement to visit Grenada to process your Citizenship by Investment application. The entire process can be completed remotely through La Vida. Once you are granted Grenadian Citizenship, there is also no minimum stay requirement.
Can I apply for Grenada’s Citizenship by Investment programme if I have a health condition?
All applicants are required to undergo and provide evidence of a full medical check, certified by a registered doctor as part of the application process for Grenada This includes supplying a HIV test and full blood count and completing the official medical form. Even if the medical report states the applicant has an existing health condition, it is still possible to apply in most cases. Please contact us for specific circumstances and we can clarify based on your personal situation.
Do I need to pass a language test for Grenada’s Citizenship by Investment?
No. Grenada’s Citizenship by Investment programme does not require any applicants to undergo a language test.
Can unmarried or same sex couples apply for Grenada’s Citizenship Programme?
Applicants must be legally married if wanting to apply together under one family application. Unfortunately, same-sex marriage is not yet legally recognised in Grenada or the other Caribbean nations offering CBI programmes. In this circumstance, the best solution is for the two individuals to apply as single applicants separately.
Alternatively, if you wish to apply with your partner, then you could consider one of the European Golden Visa programmes where same-sex marriage and unmarried couples are eligible to apply together.
Can I apply to the USA for an E2 Visa as a Grenada citizen
The E-2 treaty ‘Investor Visa’ signed between Grenada and the United States allows citizens of Grenada to operate a substantial business in the U.S. and reside there through obtaining an E2 visa. However in December 2022 the AMIGOS act passed the US Senate and once approved by Congress and the US president this would restrict E2 access to citizens domiciled for a minimum of three years from the country of application.
Will I qualify for the Grenada Citizenship by Investment programme?
Other than making the required investment applicants will need to pass the Grenada government Due Diligence and Anti Money Laundering requirements. The DD and AML tests are extensive and fees are payable on application. However before committing La Vida can provide an initial and free assessment on your likelihood of success for the Grenada CBI program through our own due diligence pre-screening. In addition to our own tests this uses the two most prominent commercially available products available to scan for potential issues and adverse media. Please contact our advisors if you would like your free assessment before proceeding.
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